$600,000
Accepting Backup Offers

222 Grand Avenue

Pacific Grove, CA 93950
0.08 acres | #ML81936056
Listing OfficeKW Coastal Estates
Browse 241 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Clearly one of the lowest priced commercial buildings on the peninsula, great opportunity, but the property has a new Phase 2 Environmental Report that resulted in a "remediation plan." This building is being sold in its current "As Is" condition subject to any buyer having to complete the remediation plan, so it cannot have any sort of traditional financing, and the buyer must assume the work. The building was the former Pacific Grove Cleaners, a long time Pacific Grove family business with tons of local history. There was an apartment on 2nd level. Great opportunity to improve and rent out or great for an owner/user.

  • Property Details
      • Date ClosedDecember 18, 2024
      • Property SubtypeCommercialSale
      • Original List Price$1,500,000
      • MLS #ML81936056
      • MLS #ML81936056
      • Property TypePurchase
      • CountyMonterey
      • Acres0.0826
      • Cost600000
      • Year Built1937
      • Taxes Annual$1
      • Stories2

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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